Ovintiv CEO awarded 1,109 RSUs
Ovintiv Inc. President & CEO Brendan Michael McCracken reported an acquisition of 1,109 Restricted Share Units (RSUs) that are each economically equivalent to one share of Ovintiv common stock and include dividend-equivalent RSUs for the first quarter of 2026.
Rhea-AI Filing Summary
Ovintiv Inc. President & CEO Brendan Michael McCracken reported an acquisition of 1,109 Restricted Share Units (RSUs) that are each economically equivalent to one share of Ovintiv common stock and include dividend-equivalent RSUs for the first quarter of 2026.
Following this grant, McCracken directly holds 225,477 shares/RSUs. The RSUs vest and become exercisable under Ovintiv’s Omnibus Incentive Plan and the related grant agreement, contingent on his continued employment through the applicable exercise dates.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 1,109 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each Restricted Share Unit ("RSU'') is the economic equivalent of one share of common stock of Ovintiv Inc. ("Ovintiv") and yields dividend equivalent RSUs. Vesting and exercise will occur in accordance with the Omnibus Incentive Plan and the applicable grant agreement and on the same schedule as the underlying RSUs, subject to the grantee's continued employment with Ovintiv through the applicable exercise date.
- F2. Dividend equivalent RSUs received in lieu of cash dividends for the first quarter of 2026.
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dividend equivalent RSUs financial
Omnibus Incentive Plan financial
grant agreement financial
in lieu of cash dividends financial
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.